Investing.com - Financial Markets Worldwide
🔴 LIVE: The Secrets of ProPicks AI Success Revealed + November’s List FREEWatch Now

BRIEF-Air Canada expects to see improved performance in domestic market- Conf call

Published 2017-02-17, 01:04 p/m
© Reuters. BRIEF-Air Canada expects to see improved performance in domestic market- Conf call
AC
-

Feb 17 (Reuters) - Air Canada AC.TO -

* Making further investments into the U.S. based on strength of the market and on the favorable currency - Conf call

* Expect to see improved performance in domestic market due to potentially better economic indicators from Alberta, stable economy in Canada

* On the Atlantic, despite a challenging Q1, see improvements as co moves into Q2 and especially Q3 - Conf call

* Air Canada says also seen a major stablization in South America with the Brazilian and Peruvian markets dramatically improving - Conf call

* Air Canada says expect 2017 capex of $1.8 billion, net of sale, leaseback proceeds - Conf call

* Air Canada says expect free positive cash flow in the range of $200 to $500 million in 2017 - Conf call Further company coverage: AC.TO

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.